Stuart Shopping Center For
For Sale
$15,000,000
701 NW Federal Hwy, Stuart, FL 34994
Prime shopping center in Stuart with diverse tenancy.
Property Size57,396 SF
Lot Size4.00 Acres
Price / SF$263.16
Days on Market201
Property Features for 701 NW Federal Hwy
General Information
Standard status
Active
Size
57,396 SF
Lot size
4.00 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$76,746
Building Details
Building Size
57,396 SF
Year Built
1986
Stories
1
Listing Agency:
Illustrated Properties - SP Collective
Listed By:
Patrick Stracuzzi, Sr · License #3152317
(772) 283-9991
Source:
Elliman
Added: Apr 11
Changed: Oct 25
Last Checked: Oct 26 at 3:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Illustrated Properties - SP Collective
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial property in Stuart offers a meticulously maintained shopping center spanning over 57,000 square feet on 4+ acres. The property is located at the base of the Roosevelt Bridge, a high-traffic area with over 55,000 cars per day. The property features a blend of restaurant, retail, and professional tenants, including a freestanding four-story office building, creating multiple income streams. Anchored by well-known local establishments, the property benefits from exceptional exposure to local residents and daily commuters. The location provides immediate presence, stability, and long-term growth potential. The property has a bike score of 59, indicating it is bikeable, and a walk score of 31, indicating car-dependent surroundings.
Key Highlights
- Prime location at the base of the Roosevelt Bridge with high traffic volume (over 55,000 cars per day).
- Diverse tenancy mix of restaurant, retail, and professional offices, including a freestanding four‑story office building.
- Significant size: over 57,000 square feet on 4+ acres.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,048,213
Cap Rate
6.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,964,260
$21.0M
Cap Rate 7%
$14,974,471
$15.0M
Cap Rate 9%
$11,646,811
$11.6M
Market Conditions
NOI Build-Up for 57,000 SF
Gross rent
$1.54M $27.00/SF
− Vacancy
−$41.6K −$0.73/SF
EGI
$1.50M $26.27/SF
− OpEx
−$449.2K −$7.88/SF
NOI
$1.05M $18.39/SF
Area
Martin County, FL
Vacancy
2.70%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,964,260
Cap Rate 7%
$14,974,471
Cap Rate 9%
$11,646,811
Alternative Uses
Best Use
Retail
$14.97M
$13.10M – $17.47M
NOI $1,048,213 @ 7.0% cap · market cap 6.99%
Second Best
Office B
$10.29M
$9.00M – $12.00M
NOI $720,252 @ 7.0% cap · market cap 4.80%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
583
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 34994, FL
17,843
Population
10,086
Households
1.8
Avg Household Size
51
Median Age
36%
College-Educated
92%
High-School Grad
6.7 sq mi
ZIP Area
2,663
Density / Sq Mi
$62,895
Median Household Income
$33,547
Median Earnings
$1,558
Median Rent
$248,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Riverside Shoppes — 723 NW Federal Hwy, Stuart, FL 34994
- Northshore Plaza — 845 NW Federal Hwy, Stuart, FL 34994
Frequently Asked Questions
What type of property is this?
Shopping center - Prime shopping center in Stuart with diverse tenancy.
Where is this shopping center located?
The property is located at 701 NW Federal Hwy Stuart, FL.
What is the asking price?
The asking price for this property is $15,000,000.
What are key features of this property?
This property features: Prime location at the base of the Roosevelt Bridge with high traffic volume (over 55,000 cars per day).; Diverse tenancy mix of restaurant, retail, and professional offices, including a freestanding four‑story office building.; Significant size: over 57,000 square feet on 4+ acres.
